THE FUTURE OF BANKING IS HERE

The pandemic has served as a trigger for bringing about a revolution in the way we bank. The way things are moving it seems that by the end of this decade, banks will be invisible, connected, insights-driven and purposeful.  With due emphasis on digitizing personal or professional workflow, tech platforms are slowly replacing physical work stations.

The onset of the pandemic has brought people indoors which has resulted in W4H, zoom meetings, spending more time with family and many more such constricting measures. People are looking at digitizing all their workflow… be it personal or professional. Gone are the days when we needed to meet F2F to discuss problems and solutions. Tech platforms have taken the place of physical workstations.
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Over a recent couple of years, banking as an industry has seen a huge move towards digitization. Customary banks are tested by new age, computerized banks that depend on supplanting the conventional financial involvement in a hyper-customized advanced first methodology.
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A financial institution that handles all transactions via the Web, email, mobile check deposit and ATM machines. By not having the overhead of physical branches, people expect a virtual bank to offer higher interest rates on their accounts. Traditional banks may also own a virtual bank subsidiary. Continue reading

The outbreak of COVID-19 has disrupted the workplace and the way executives are hired. The resultant restrictions have effectively ripped up the executive search rulebook. That might not be a bad thing. While technological advancements in the last decade have propelled the recruitment industry, executive search has generally not evolved and instead stayed truer to its roots – depending on extensive networks, specialized industry knowledge and building relationships face to face.
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